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    workers' productivity

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    Problem 1
    In what specific ways (if any) does a college education increase a worker's productivity? Take some special care with this problem.

    Problem 2
    In what way is Per Capita GDP a better measure of economic well being than GDP? How does this relate to economic problems in the undeveloped world?

    Problem 3
    Is limitless growth possible? Justify your answer thoroughly.

    Problem 4
    If GDP is increasing by 3% per year how long will it take GDP to double?

    Problem 5
    Given the same conditions in Problem 4, how long will it take Per Capita GDP to double if the population grows at 2%?

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    Solution Summary

    Per Capita GDP is emphasized.